505 W Church Street

HAGERSTOWN, MD 21740

  • 0 Bed(s)
  • 0 Bath(s)
  • 3,556 Sqft
  • 2200
    Sqft(Lot)
$675,000

Description

Exceptional investment opportunity! currently generating over $6,650 in monthly rental income with room to reach market rates, this fully-occupied, all-brick multi-family property near downtown hagerstown is a solid asset for any portfolio. the building features six spacious units, approximately 700 sq ft each, with separate electric meters, making utilities tenant-responsible for simplified management. constructed with a durable brick and masonry foundation and outfitted with new replacement windows for improved energy efficiency, generously-sized units designed to offer ample living space and privacy.

situated in a thriving, mixed-use neighborhood, the property is surrounded by a blend of residential and commercial establishments, appealing to both local and out-of-town investors who are actively revitalizing similar buildings in the area.

bonus opportunity: expand your investment with an additional six-unit property from the same seller, maximizing income potential in this high-demand area. located at the entrance to hagerstown’s arts and entertainment district, this turnkey property promises strong rental appeal and secure, long-term returns. don’t miss this chance to acquire a low-maintenance, high-potential property in a prime location!

  • Property Type

    Multi-Family

  • County

    WASHINGTON

  • Style

    Colonial

  • AD ID

    47623472

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Property Details

  • Water/Sewer

    • Water Source : Public

    Heating & Cooling

    • Cooling: Window Unit(s)
    • Heating: Hot Water
    • Cooling Fuel: Electric
    • Heating Fuel: Electric

  • Building Information

    • Year Built: 1905
    • Structure: Detached
    • New Construction: No
    • Total Units: 4
    • Built: 1905
    • Construction Material: Brick
    • Foundation/Basement: Permanent,Block
    • Architecture: Colonial
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 2,200
    • Lot Size (Acres): 0.05
    • Architectural Style: Colonial
    • Main Square Feet: 2,200

    Property Information

    • SQ ft: 3,556
    • SQ ft (Living Area): 3,556
    • Total Lot SQ ft: 2,200
    • Total Acreage: 0.05
    • New Construction: No
    • Type: Colonial

  • Listing Information

    • Possession: Settlement
    • Days Of Market: 11

  • Tax Information

    • Annual Tax: $4,710
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Settlement

    Assessment Information

    • Taxes Assessment Amount: $245,700

  • Parking Information

    • Parking Type: Off Street,Parking Lot,Other

    Homeowners Association Information

    • Direction: GPS

  • School Information

    • School District: WASHINGTON COUNTY PUBLIC SCHOOLS

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Electric
    • Hot Water: Electric

    Location Information

    • Direction: GPS
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BuyOwner last updated this listing 12/18/2024 @ 05:00

  • MLS: MDWA2025614
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 3,556 sqft, 2,200 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of HAGERSTOWN , in zip code 21740, this WASHINGTON County Other are nearby neighborhoods.